Brazil’s Petrobras has received an additional five years to conclude exploration activities on Block BM-ES-21 in the offshore portion of the Espirito Santo basin and file a declaration of commerciality for its Malombe discovery.
Petrobras and project partner Repsol Sinopec made the Malombe natural gas find in November 2011, encountering dry gas in Oligocene turbidite sandstones with 28% porosity at a depth of about 2600 metres.
